NOT LISTED FOR SALE

Estimated Value: $91,000 - $108,327

110 Beds
2 Baths
7,232 Sq Ft
$14/Sq Ft Est. Value

Last Sold February 22, 2023

Last sale price $2,550,000 $353 Per Sq Ft

Current estimated payment $559/month

370 Days on Market

About This Home

As of February 2023

This 60 unit offering is located in Booming Binghampton just east of Midtown Memphis. There are 10-1 bedrooms and 50-2 bedrooms. The total scheduled monthly income is 33370. Drive by only. Please do not disturb the tenants.

Last Agent to Sell the Property

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 01/05/2023

Crye-Leike Commercial

Last Buyer's Agent

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 01/05/2023

Crye-Leike Commercial

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 117x130

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 7,232 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Washer and Dryer Hookup

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Community Details

  • 26 Buildings
  • 60 Units
  • East Cove Subdivision

Listing and Financial Details

  • Tenant pays for some utilities
  • Assessor Parcel Number 044011 00001

Property Details

Home Type

Apartment

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • MLS Map #: 754B
  • MAAR Subdivision Name: EAST CV
  • Freestanding: Yes
  • List Price Per Sq Ft: 442
  • Number Of Stories: 2
  • Estimated Sq Ft: 7232
  • Year Built: 1950
  • Construction: Brick/Veneer
  • List Price Per Unit: 53333.33
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Vinyl Floor

Exterior Features

  • Foundation: Slab
  • Roof: Shingle/Shake

Garage/Parking

  • Parking Facility: Asphalt/Blacktop

Utilities

  • Hot Water: Gas
  • Cooling Systems: 1 Window Unit per Unit
  • Heating Systems: Wall Heat
  • Laundry: Connections

Lot Info

  • Lot Number: 1
  • Lot Size: 117X130
  • Improved Sq Ft: 40982
  • Land Sq Ft: 32529

Rental Info

  • Tenant Pays: Some Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 044011 00001

Multi Family

  • Perc Occ: 83
  • Total Number Of Units: 60
  • Number1 Bedroom Units: 10
  • Number2 Bedroom Units: 50
  • Type of Unit: 1 BR - 1 Bath, 2 BR - 1 Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2024
Sold by
Wo Sfr Llc
Bought by
Mid South Homebuyers Llc
Current Estimated Value
$100,582

Purchase Details

Listed on
Jan 5, 2023
Closed on
Feb 21, 2023
Sold by
Kramerica Real Estate Llc
Bought by
Wo Sfr Llc
Seller's Agent
Jeffrey Moore
Crye-Leike Commercial
Buyer's Agent
Jeffrey Moore
Crye-Leike Commercial
List Price
$3,200,000
Sold Price
$2,550,000
Premium/Discount to List
-$650,000
-20.31%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-72.26%
Original Mortgage
$133,000
Interest Rate
6.33%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mid South Homebuyers Llc $94,375 None Listed On Document
Wo Sfr Llc $98,000 Local Title & Closing Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wo Sfr Llc $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2023 02/22/23 Sold $2,550,000 -20.3% $353 / Sq Ft
01/10/2023 01/10/23 Pending -- -- --
01/05/2022 01/05/22 For Sale $3,200,000 +90.5% $442 / Sq Ft
01/27/2020 01/27/20 Sold $1,680,000 +8.4% $1,244 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
07/21/2019 07/21/19 For Sale $1,550,000 -- $1,148 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $37,440 $4,400 $33,040
2024 $279 $8,240 $3,400 $4,840
2023 $502 $8,240 $3,400 $4,840
2022 $502 $8,240 $3,400 $4,840
2021 $508 $8,240 $3,400 $4,840
2020 $800 $11,040 $3,400 $7,640
2019 $353 $11,040 $3,400 $7,640
2018 $353 $11,040 $3,400 $7,640
2017 $361 $11,040 $3,400 $7,640
2016 $257 $5,880 $0 $0
2014 $350 $8,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10139997

Memphis Area Association of REALTORS®

APN: 04-4011-0-0001